Global Frozen Food Market Size & Outlook, 2023-2030
Global frozen food market, 2018-2030 (US$M)
Related Markets
Global frozen food market highlights
- The global frozen food market generated a revenue of USD 476,856.8 million in 2023 and is expected to reach USD 712,764.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.9% by 2030.
- In terms of segment, frozen desserts accounted for a revenue of USD 109,994.0 million in 2023.
- Fruits & Vegetables is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 476,856.8 million |
| Market revenue in 2030 | USD 712,764.1 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Frozen desserts |
| Fastest growing segment | Fruits & Vegetables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruits & Vegetables, Potatoes, Ready Meals, Meat, Fish/Seafood, Frozen Desserts, Bakery Products |
Other key industry trends
- In terms of revenue, the North America accounted for 37.7% of the global frozen food market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 5,814.8 million by 2030.
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Frozen Food Market Scope
Frozen Food Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global frozen food market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to frozen food market will help companies and investors design strategic landscapes.
Frozen desserts was the largest segment with a revenue share of 23.07% in 2023. Horizon Databook has segmented the Global frozen food market based on fruits & vegetables, potatoes, ready meals, meat, fish/seafood, frozen desserts, bakery products covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Frozen Food Product Outlook (Revenue, USD Million, 2018-2030)
- Fruits & Vegetables
- Fruits
- Berries
- Tropical Fruits
- Citrus Fruits
- Grapes
- Stone Fruits
- Others
- Vegetables
- Peas
- Broccoli
- Cauliflower
- Carrot
- Bell Paper
- Beans
- Mushroom
- Avocado
- Corn
- Others
- Fruits
- Potatoes
- Ready Meals
- Meat
- Fish/Seafood
- Frozen Desserts
- Bakery Products
- Others
- Fruits & Vegetables
- Global Frozen Food Freezing Technology Outlook (Revenue, USD Million, 2018-2030)
- Individual Quick Freezing (IQF)
- Blast Freezing
- Belt Freezing
- Global Frozen Food Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Food Service
- Retail
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
Reasons to subscribe to Global frozen food market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global frozen food market databook
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Our clientele includes a mix of frozen food market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global frozen food market , including forecasts for subscribers. This global databook contains high-level insights into Global frozen food market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global frozen food market size, by regions, 2018-2030 (US$M)
Top 10 countries: Frozen food market size, 2023 (US$M)
Global frozen food market share, by product, 2023 & 2030 (%, US$M)
Frozen food market: Opportunity assessment by country
Global frozen food market, by region, 2023 (US$M)
Related regional statistics
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